He knows how to run a social media site into the ground…
Which is probably the whole point. Make it seem like the site is failing because of mismanagement, and not that its failure was intended right from the start with a leveraged buyout saddling the business with an untenable $13bn of debt.
Yup, it’s easy to forget that an important use of Twitter used to be finding out what was happening when propaganda was covering it up. It’s how we learned about Arab spring.
If my life were at risk from my government, I certainly wouldn’t trust Elon to keep me safe from them.
The Arab Spring is exactly one if the reasons Musk took over the site. That, and Peter Thiel’s (Musk’s old partner from PayPal) failed attempts at setting up a rival service.
They couldn’t rope Twitter into line, they couldn’t make a competing service, so instead they saddled Twitter with $13bn of debt so that it would die (or step into line if they felt like paying off the debt).
It’s the same way Toys R Us went under.
Musk’s antics over the last few months have been nothing but a distraction. The very purchase itself was a death sentence.
Why is everything to do with this story completely unsurprising.
Because we’ve all come to accept that Elon Musk doesn’t know how to run a social media site?
He knows how to run a social media site into the ground…
Which is probably the whole point. Make it seem like the site is failing because of mismanagement, and not that its failure was intended right from the start with a leveraged buyout saddling the business with an untenable $13bn of debt.
No, he’s just dumb!
Yup, it’s easy to forget that an important use of Twitter used to be finding out what was happening when propaganda was covering it up. It’s how we learned about Arab spring.
If my life were at risk from my government, I certainly wouldn’t trust Elon to keep me safe from them.
The Arab Spring is exactly one if the reasons Musk took over the site. That, and Peter Thiel’s (Musk’s old partner from PayPal) failed attempts at setting up a rival service.
They couldn’t rope Twitter into line, they couldn’t make a competing service, so instead they saddled Twitter with $13bn of debt so that it would die (or step into line if they felt like paying off the debt).
It’s the same way Toys R Us went under.
Musk’s antics over the last few months have been nothing but a distraction. The very purchase itself was a death sentence.